• About us
  • Contact us
Thursday, June 4, 2026
No 1 epaper in Sri Lanka
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPERPDF
  • සිංහලSINHALA
No Result
View All Result
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPERPDF
  • සිංහලSINHALA
No Result
View All Result
Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
No Result
View All Result
Home News

Mahanayake Theros concerned about privatization impact

February 19, 2024
in News
Reading Time: 6 mins read
A A
Mahanayake Theros concerned about privatization impact
Share on FacebookShare on Twitter

Mahanayake theros of the three sects. have written to President Ranil Wickramasinghe expressing concern that privatizing public resources could jeopardize social stability.

In a letter to President Ranil Wickremesinghe, the Mahanayake theros advocated for a robust mechanism to safeguard public welfare.

They urge the government to prevent political interference, misuse of resources, corruption, and fraud in public affairs through effective oversight.

However, the letter raises concerns regarding the potential impact of privatizing state enterprises on the Buddhist Sangha’s autonomy.

They question the extent to which such privatization might subject the Sangha to excessive government regulation.

The letter adds that privatizing government institutions like Sri Lanka Telecom and the Ceylon Electricity Board, which are already financially struggling and critical to the national economy, to foreign companies solely focused on profit risks creating significant social, economic, and political instability in the future.

This letter highlights concerns from prominent individuals about the potential consequences of such privatization.

The Mahanayake theros urge the President to consider these matters carefully and refrain from making decisions that could jeopardize public welfare or create national security concerns.

The letter further emphasizes the need to restructure government institutions, arguing that such reforms are crucial for building public trust and securing a positive future for the country.

Share51Tweet32Send
Previous Post

Verité Research Exposes Gaps in Sri Lanka’s Procurement System, Calls for Urgent Blacklisting Reforms I Sri Lanka Latest News

Next Post

Over 70% salary hike for CBSL employees: Gevindu demands explanation from FM

MORE NEWS

Germany Warns Sri Lanka: End Corruption and Policy Instability to Attract European Investment
News

Germany Warns Sri Lanka: End Corruption and Policy Instability to Attract European Investment

June 3, 2026
Children Who Don’t Even Know Their Father Is a Powerful Minister..! This Is the Kind of Politics the Country Needs! VIDEO | Sri Lanka Latest News
News

Children Who Don’t Even Know Their Father Is a Powerful Minister..! This Is the Kind of Politics the Country Needs! VIDEO | Sri Lanka Latest News

June 3, 2026
Concerns Raised Over Proposed Changes to the Retirement Age of Superior Court Judges
News

Concerns Raised Over Proposed Changes to the Retirement Age of Superior Court Judges

June 3, 2026
Three-Wheeler Drivers Plan Major March to President’s Office Over App Company Exploitation
News

Three-Wheeler Drivers Plan Major March to President’s Office Over App Company Exploitation

June 3, 2026
US Targets Sri Lanka and 59 Other Economies in Forced-Labor Tariff Plan
News

US Targets Sri Lanka and 59 Other Economies in Forced-Labor Tariff Plan

June 3, 2026
Iranian Drone Attack Damages Kuwait International Airport, Flights Suspended
News

Iranian Drone Attack Damages Kuwait International Airport, Flights Suspended

June 3, 2026
Load More

One of the best Sri Lanka Latest News Website and Sinhala language newspaper with Sunday editions, published by Free Media Independent Networks Pvt Ltd.

  • About us
  • Contact us

Copyright © 2019–2025 Free Media Independent Networks Pvt Ltd. All Rights Reserved. Developed by Turn Global.

No Result
View All Result
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPER
  • සිංහල

Copyright © 2019–2025 Free Media Independent Networks Pvt Ltd. All Rights Reserved. Developed by Turn Global.